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Residential Lot in Subdivision
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1011 Eastbay Avenue, Balaton, MN 56115

Residential lot in the Eastbay Addition with access to city water, sewer, and garbage services.

Property Size20,037 SF
Price / SF$0.71
Days on Market2379

Property Features for 1011 Eastbay Avenue

General Information

Standard status Active
Size 20,037 SF
Property subtype Lots/Land

Additional Details

Utilities to Site Yes
Listing Agency: Edina Realty, Inc.
Listed By: Taylor Onken
Source: Exitrealty
Added: Feb 5, 2020 Changed: Aug 8 Last Checked: Jul 16 at 3:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc.

Investment Insights

Based on property information with market context.

This offering is a residential lot in the Eastbay Addition of Balaton, MN. The property is governed by subdivision covenants designed to help protect the community’s appearance and value.

The location is just on the outskirts of Balaton and provides access to city amenities, including water, sewer, and garbage services. The area is also described as being near outdoor recreation options, including a nearby par 3 golf course and Lake Yankton with boat access.

State statute requires the buyer to start building within one year of purchasing the lot. A tax abatement incentive is also noted as available; details are available upon inquiry.

Key Highlights

  • Residential lot in the Eastbay Addition of Balaton, MN, with city water, sewer, and garbage services available
  • Subdivision has covenants in place to protect the addition’s value and beauty
  • Par 3 golf course is right at the doorstep for easy access to a round of golf

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Garden Center Grocery & Convenience Store Hair Salon Plumbing Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 56115, MN

1,288
Population
561
Households
2.3
Avg Household Size
45
Median Age
28%
College-Educated
97%
High-School Grad
123.5 sq mi
ZIP Area
10
Density / Sq Mi
$67,177
Median Household Income
$42,375
Median Earnings
$1,057
Median Rent
$191,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in the Eastbay Addition with access to city water, sewer, and garbage services.
Where is this residential land & home lot located?
The property is located at 1011 Eastbay Avenue Balaton, MN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Residential lot in the Eastbay Addition of Balaton, MN, with city water, sewer, and garbage services available; Subdivision has covenants in place to protect the addition’s value and beauty; Par 3 golf course is right at the doorstep for easy access to a round of golf
More about this property
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